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It can cost a pretty penny to fill your gas tank. And if you’ve got far to go to get to and from work every day, you might find yourself filling up at the pump more often than you’d care to, which can put a big dent in your pocketbook.

Luckily, there are rewards credit cards out there that can help you save money on something you’d be spending money on anyway. 

That said, some cards may be better suited for saving at the pump than others. Let’s take a look at some of the top-ranked credit cards for gas in Canada to help stretch your dollar when you fill-up. 

Best Credit Cards For Gas In Canada

Gas Earn RatePurchase RateAnnual Fee
Neo CreditEarn 1.5 times extra cashback at participating gas stations– 19.99% – 26.99%
– QC: 19.99% – 24.99%
CIBC Dividend Visa Infinite4%19.99%$120 (waived the first year)
Tangerine Money-Back Credit CardUp to 2%19.95%$0
American Express Gold Rewards Card2 points per $1 spent30% on balances (since this is a charge card)$150
TD Cash Back Visa Infinite Card3%20.99%$120 (waived for the first year)
Scotiabank Gold American Express3 points per $1 spent19.99%$120

Neo Credit

If you’re looking for a way to earn a high amount of cashback on your gas costs, consider Neo Credit. The Neo Credit card has no annual fee, unlimited cashback, and perks that help increase your earning potential. On average, users earn 5%1 cashback at select stores. Moreover, when you sign up for Neo Credit, you’ll get a $25 welcome bonus, plus, up to 15%1 cashback on your first-time purchases at 10,000+ partners 

  • Annual fee: None
  • Purchase rate:
    • 19.99% – 26.99%
    • QC: 19.99% – 24.99%
  • Welcome bonus: get a $25 welcome bonus, plus, up to 15%1 cashback on your first purchase with select stores.
  • Rewards: Earn unlimited cashback with participating stores (users earn on average 5%1+ cashback at select stores).

Earn Extra CashBack On Your Gas Expenses

Earn more cashback on your gas and grocery expenses when you add the Neo Everyday Essentials perk. When you add this perk to your Neo Credit card, you’ll earn 1.5 times extra cashback on your gas purchase at participating gas stations. Similarly, you’ll earn 1.5 times extra gas back on your grocery purchases including stores like Costco and Walmart. 

Do note, the Everyday Essentials perk comes with an $8.99 monthly subscription fee. (Valued at over $170 each year).

CIBC Dividend Visa Infinite

The CIBC Dividend Visa Infinite Card offers an attractive cashback program, especially at the pumps. Earn 4% on eligible gas and grocery expenditures, which is among the highest rates you’ll find.. 

Plus, you’ll earn 2% cash back on dining, transit, recurring bills, and 1% on all other purchases. 

New cardholders will receive 10% cash back on all eligible purchases made within the first 4 statements on purchases up to $2,000 spent. And the annual fee is waived for the first year. Plus, the card comes with a variety of insurance products for added protection.

  • Annual fee: $120 (waived the first year)
  • Purchase rate: 19.99%
  • Cash advance rate: 22.99% (21.99% for Quebec residents)
  • Welcome offer: Get 10% cash back on eligible purchases made within the first 4 statements
  • Rewards: Earn 4% on gas and groceries; 2% on dining, transit, and recurring bills; 1% on all other purchases

Tangerine Money-Back Credit Card

Many rewards credit cards come with an annual fee, though some fees are waived over the first year for new clients. But the Tangerine Money-Back Credit Card offers rewards on money spent without an annual fee at all. 

With the Tangerine Money-Back Credit Card, you can earn up to 2% cash back in 2 categories of your choosing, including gas. So, if you choose gas as one of the 2 categories available to you, you can earn 2% cash back every time you fill up your gas tank, with no limits on the amount of cash back you can earn.

Special Offer

Apply for a Tangerine Money-Back Credit Card by July 5, 2023. If you’re approved, you’ll earn an extra 10% back on up to $1,000 in everyday purchases made within your first 2 months.*

Other categories available to earn 2% cash back include:

  • Groceries
  • Pharmacies
  • Restaurants
  • Recurring bills
  • Hotel accommodations

You can get a third category if you deposit your cash back rewards in a Tangerine Savings account. On all other purchases, you can earn 0.50% cash back.

And if you’re interested in transferring any high-interest credit card balances over to the Tangerine Money-Back Credit Card, you can take advantage of an ultra-low interest rate of only 1.95% in the first 6 months, as long as you transfer the funds within the first 30 days of having the card.

  • Annual fee: $0
  • Purchase rate: 19.95%
  • Cash advance rate: 19.95%
  • Welcome bonus: 1.95% interest rate on transferred balances for the first 6 months
  • Rewards: Earn 2% cash back in 2 categories (including gas); 0.50% cash back on all other purchases.

American Express Gold Rewards Card

The American Express Gold Rewards Card makes an excellent choice in gas cards thanks to its decent cashback rate for every dollar you spend on gas expenditures. Plus, every time you use the card, you can rack up your Aeroplan points, if you’re a member. If you so choose, you can transfer the points earned to your Aeroplan program, as well as other travel plans.  

Earn 2 points for every dollar you spend on gas, groceries, pharmacy purchases, and travel. Then, earn 1 point for every dollar spent on all other purchases. You can also earn 1 additional point for every dollar spent on eligible car rental or hotel bookings charged to your American Express Travel when booked through

As a new cardholder, you’ll receive a bonus of 25,000 Amex Reward Points when you spend at least $1,500 on the card within the first 3 months. That’s a value of $250 in airfare. Plus, the card comes with an attractive insurance package.

It should be noted, however, that American Express is not as widely accepted as Visa or Mastercard, so be sure the pumps you usually fill up at takes AmEx before you apply.

  • Annual fee: $150
  • Interest rate: 30% on balances carried, as this is a charge card 
  • Welcome bonus: 25,000 Membership Rewards points
  • Rewards: Earn 2 points for every $1 spent on gas, groceries, pharmacy purchases, and travel; 1 point for every $1 spent on all other purchases

TD Cash Back Visa Infinite Card

With the TD Cash Back Visa Infinite Card, you can earn 3% cash back on eligible groceries, gas purchases, and recurring bill payments. That’s a decent rate and a lot higher than some of the rates offered by many other cashback credit cards available. 

For all other purchases made on the card, you can earn 1% cash back. It should be noted that points earnings are limited to $15,000 annually.

Plus, the annual fee is waived for the first year, and you’ll have an array of travel medical insurance products available to you. 

  • Annual fee: $120 (waived for the first year)
  • Purchase rate: 20.99%
  • Cash advance rate: 22.99%
  • Rewards: Earn 3% cash back on groceries, gas purchases, and recurring bill payments; 1% cash back on all other purchases

Scotiabank Gold American Express

For every dollar you spend when filling up your gas tank using the Scotiabank Gold American Express, you can earn 3 points. 

With this card, you’ll earn 5 Scotia Rewards points on every dollar spent on eligible groceries, restaurants, food delivery, and entertainment. Then, earn 3 points per dollar spent on gas, transit, and eligible streaming services (including Netflix). For all other purchases, you’ll earn 1 point per dollar spent. 

As a welcome bonus to entice you to become a member, you can earn 25,000 bonus Scotia Rewards points when you spend $1,000 within the first 3 months. That’s a value of up to $250 in travel. 

There are no foreign transaction fees charged when you use your Scotiabank Gold American Express to make purchases in other currencies, whether because of travel or when shopping online. This can save you 2.5% on purchases made. The card also comes with several insurance coverage products to keep you safe.

Again, because this is an American Express card, you’ll want to verify that it’s widely accepted among the merchants that you typically spend with.

  • Annual fee: $120
  • Purchase rate: 19.99%
  • Cash advance rate: 22.99%
  • Welcome bonus: 25,000 Scotia Rewards points with $1,000 spent within the first 3 months
  • Rewards: Earn 5 Scotia Rewards points on every $1 spent on eligible groceries, restaurants, food delivery, and entertainment; 3 points per $1 spent on gas, transit, and eligible streaming services; 1 point per $1 spent on all other purchases

Factors To Consider When Getting A Credit Card 

Before applying for a points-based credit card, assess the following factors.

Annual Fee

Is the annual fee worth the perks that come with the card? You might be earning points with every dollar you spend, but are you saving at least as much as the annual fee? If not, it may be worth it to look at lower-fee or no-fee cards that offer cashback programs without the high price. Further, the annual fee will only be worth it for you depending on the amount you spend overall, not just on gas. 

Interest Rate

If you have a habit of carrying a balance from month to month, you may want to look for a credit card that charges a competitive interest rate so you’re not spending more than you need to.

Welcome Offer

Credit card issuers usually offer a welcome bonus to encourage consumers to apply for their credit cards. Some offers are too good to pass up, especially those that offer thousands of extra points right out of the gates, which can be worth a few hundred dollars when redeemed. 


The rewards structure is a critical factor to consider when applying for any points-based credit card. The more points you can earn per dollar spent, the better.

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Credit Cards For Gas FAQs

Which is the best credit card for gas in Canada that has no annual fee?

Check out the Tangerine Money-Back Credit Card.

Can I earn more points if I use a points program card?

There are a number of points programs available that allow you to earn additional points. For instance, the PC Financial World Elite Mastercard allows you to earn PC Optimum Points when you combine your credit card with your rewards program. Likewise, the card also allows you to earn 30 points per litre of gas at participating Esso and Mobil gas stations. 

What credit score do I need to get the best credit card for gas?

The credit score required depends on the credit card and the issuer. Generally speaking, however, you’ll need a credit score of at least 650 to qualify. And the more premium the credit card is, the higher your credit score should be.

Final Thoughts

Every rewards-based credit card tends to favour one type of purchase over others. While some credit cards may be better suited for those who travel frequently thanks to their travel perks, for instance, others may be more geared towards buying groceries or spending on entertainment. The cards mentioned in this article are best suited for those who want to maximize their dollar on expenditures made at gas pumps. That said, they also offer the ability to earn points towards other purchases, making them well-rounded cards to consider adding to your wallet.

Card issued by ATB Financial pursuant to license by Mastercard International Inc.

1Average based on current offers at select partners. Cashback may be limited and varies by perks, offer, and partner. 

Lisa Rennie avatar on Loans Canada
Lisa Rennie

Lisa has been working as a personal finance writer for more than a decade, creating unique content that helps to educate Canadian consumers in the realms of real estate, mortgages, investing and financial health. For years, she held her real estate license in Toronto, Ontario before giving it up to pursue writing within this realm and related niches. Lisa is very serious about smart money management and helping others do the same.

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